Company Registration No. 15420192 (England and Wales)
Norvei Limited
Unaudited accounts
for the year ended 31 July 2025
Norvei Limited
Unaudited accounts
Contents
Norvei Limited
Company Information
for the year ended 31 July 2025
Director
Thomas Ryan Welbourne
Company Number
15420192 (England and Wales)
Accountants
Liberty Financial Ltd
Unit 20, The Circle
Queen Elizabeth Street
London
SE1 2JE
Norvei Limited
Statement of financial position
as at 31 July 2025
Tangible assets
9,626
12,033
Cash at bank and in hand
6,472
100
Creditors: amounts falling due within one year
(22,312)
(28,088)
Net current liabilities
(4,070)
(11,993)
Called up share capital
100
100
Profit and loss account
5,456
(60)
Shareholders' funds
5,556
40
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 April 2026 and were signed on its behalf by
Thomas Ryan Welbourne
Director
Company Registration No. 15420192
Norvei Limited
Notes to the Accounts
for the year ended 31 July 2025
Norvei Limited is a private company, limited by shares, registered in England and Wales, registration number 15420192.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
-
50
Norvei Limited
Notes to the Accounts
for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
5,672
Trade creditors
20,409
20,409
Taxes and social security
1,879
-
Loans from directors
(876)
1,107
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).